# PPP loan: DRAPER METAL FABRICATION, INC.
> **$202K** approved 04/13/2020 · Paid in Full · Loan `4225587101`
## Borrower
- **Name:** DRAPER METAL FABRICATION, INC.
- **Address:** 260 CENTRE ST, HOLBROOK, MA, 02343-1074
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $308K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $40K
- **Jobs reported:** 19
## Lender
- **Originating:** Bluestone Bank
- **Servicing:** Bluestone Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*